VeChain Price Forecast: VET pattern gives new energy for a test of the all-time high – FXStreet

• VeChain price knocked to the technical ground but closed yesterday with a bullish hammer candlestick pattern.
• Weekly Relative Strength Index (RSI) is still overbought.
• VeChainThor is enabling companies to build high-quality and expandable decentralized projects.

VeChain price mounted a tremendous rebound yesterday, but collective weakness in the cryptocurrency market may lead to some residual selling in VET over the next couple of days. However, the channel’s upper trend line should contain the selling.
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